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WASHINGTON, D.C. -- The Save Our Country (SOC) coalition, a product of FreedomWorks Foundation, today announces the publication of its new report, Eight Reasons to Oppose the Pelosi Blue State Bailout, which outlines the reasons why a blue state bailout in a Phase IV COVID-19 relief package would be improper and unwise.
The Save Our Country Coalition unveiled the report on a webinar press conference this morning, along with Sen. Mike Braun (R-Ind.), Sen. Rick Scott (R-Fla.), FreedomWorks' Stephen Moore, and Dr. Arthur Laffer, Chairman of the Save Our Country Coalition.
Stephen Moore, Chair of the FreedomWorks Task Force on Economic Revival, commented:
“Speaker Pelosi and House Democrats are pushing for a nearly $1 trillion aid package for the states and localities, which comes on top of nearly $250 billion that was already allocated as part of the $2 trillion CARES package.
“This would be the largest federal bailout of any government in U.S. history. Blue state leaders have demonstrated poor fiscal judgment before and during the pandemic. Red states by and large should not have to shoulder the tax burden of Pelosi’s plan nor should they be punished for fiscal competence. Instead of a bailout, blue states would be wise to end lockdowns and implement pro-growth policies, like the payroll tax cut, to stimulate their economies.”
Watch the full press conference HERE: